Cameco FY2026 EPS Lowered by National Bank Financial

Key Points

• National Bank Financial has lowered its FY2026 EPS estimate for Cameco to $1.34 per share, down from the previous estimate of $1.35.
• Multiple analysts have increased their price targets for Cameco, with BMO Capital Markets raising it from C$105.00 to C$110.00 and Raymond James Financial increasing it from C$115.00 to C$120.00.
• Currently, Cameco holds an average rating of "Buy" among analysts, with a consensus price target of C$107.08.

Cameco Co. (TSE:CCO - Free Report) NYSE: CCJ - Research analysts at National Bank Financial decreased their FY2026 earnings estimates for shares of Cameco in a research report issued on Thursday, August 21st. National Bank Financial analyst M. Sidibe now anticipates that the company will post earnings of $1.34 per share for the year, down from their previous forecast of $1.35. National Bank Financial also issued estimates for Cameco's FY2027 earnings at $2.40 EPS.

CCO has been the topic of several other reports. TD Securities boosted their target price on shares of Cameco from C$115.00 to C$117.00 and gave the company a "buy" rating in a research note on Tuesday, August 5th. Scotiabank boosted their target price on shares of Cameco from C$100.00 to C$110.00 and gave the company an "outperform" rating in a research note on Friday, August 1st. Raymond James Financial boosted their target price on shares of Cameco from C$115.00 to C$120.00 in a research note on Thursday, August 21st. Royal Bank Of Canada upped their price target on shares of Cameco from C$100.00 to C$110.00 and gave the stock an "outperform" rating in a research note on Friday, August 1st. Finally, BMO Capital Markets upped their price target on shares of Cameco from C$110.00 to C$120.00 in a research note on Friday. Four analysts have rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of C$109.69.

Cameco Stock Down 1.8%

TSE:CCO traded down C$1.90 during trading hours on Monday, hitting C$106.24. 2,236,983 shares of the stock traded hands, compared to its average volume of 1,230,772. The firm has a 50 day moving average price of C$103.34 and a 200 day moving average price of C$80.18. The company has a current ratio of 2.88, a quick ratio of 3.74 and a debt-to-equity ratio of 20.35. Cameco has a fifty-two week low of C$48.71 and a fifty-two week high of C$114.25. The firm has a market cap of C$46.26 billion, a price-to-earnings ratio of 87.08, a PEG ratio of 2.22 and a beta of 1.07.

Cameco Company Profile

Cameco Corporation provides uranium for the generation of electricity. It operates through Uranium, Fuel Services, Westinghouse segments. The Uranium segment is involved in the exploration for, mining, and milling, purchase, and sale of uranium concentrate. The Fuel Services segment engages in the refining, conversion, and fabrication of uranium concentrate, as well as the purchase and sale of conversion services.